Tag Archives: PAYGO

The Gimmick Republicans Could Use to Avoid a PAYGO Sequestration

by Sam Wice — Monday, Dec. 11, 2017

Republicans plan to pass a deficit increasing tax-reform proposal, but the Pay-As-You-Go Act (PAYGO) would require a sequestration, an automatic reduction in spending, if tax reform increased the deficit.  Republicans could avoid a sequestration by convincing Senate Democrats to support legislation lifting the sequestration.  Democrats, however, might not be willing to compromise on an issue […]

Why the End of This Year Is the Worst Possible Time to Pass Tax Reform

by Sam Wice — Friday, Dec. 1, 2017

Republicans hope to pass tax reform before Christmas so that they can go back to their constituents over the Winter Holidays and talk about their accomplishments.  However, because of the Pay-As-You-Go Act (PAYGO), passing tax reform at the end of the year would be the worst possible time to pass tax reform as it would […]